RE:G&M Take on it... makes no sense=opportunity?May need to check your source of financial results. Here are the real numbers, which are driving today's action. I sold my full position at the open... live to play another day.
Real Matters Reports Q1 EPS of US$0.14, Missing Forecast, on Lower Than Expected Revenue
07:17 AM EST, 01/28/2021 (MT Newswires) -- Real Matters Inc. (REAL.TO), which fell 3.6% on Wednesday, today reported its Q1 2021 earnings (in US$).
Consolidated revenue for the quarter was $120.3 million, missing a consensus mean forecast by Capital IQ of $127.88 million. Real had reported revenue of $103.8 million for the year ago quarter.
Net income for the quarter was $7.1 million, or $0.08 per diluted share, compared with net income of $5.1 million, or $0.06 per share for Q1 2020.
Adjusted net income was $12 million, or $0.14 per adjusted diluted share, again missing forecast -- Capital IQ had forecast adjusted EPS of $0.15. Real reported adjusted income of $9.2 million, or $0.10 per adjusted share for the previous corresponding quarter.